Friday, February 8, 2013

Uruguay Banking: Update from Peter MacFarlane

Offshore banking continues to be one of our readers top interests. Today we get an eagerly anticipated update from Peter Macfarlane on the subject of banking in Uruguay. NON-RESIDENT BANKING AND INVESTING IN URUGUAY IN 2013 I’m writing to you today from Punta del Este, Uruguay, where I have just spent a few days in informal meetings with lawyers, bankers, government officials and clients. There’s lots of information around these days on moving to Uruguay, but there’s almost no up-to-date information on opening bank accounts or investing in Uruguay as a non-resident (tourist), so with this article I decided to correct that situation.